What is Insurance?
Insurance is, “a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.” (Black’s Law Dictionary 946. 4th Ed. Rev. 1968)
An insurance policy is a contract in which an individual or entity (the policyholder) pays an insurance company (the insurer) in regular payments in exchange for financial protection over specific risks or losses. For example, medical insurance helps to cover medical costs, such as hospital visits, hospital stays, and medications. Similarly, auto insurance helps to cover damages incurred from car accidents. Insurance payments are known as premiums. Insurance contracts typically limit the amount of costs that an insurance provider may be required to pay.
The McCarran-Ferguson Act (15 U.S.C. § 1011) grants many aspects of insurance regulation to individual state governments. However, federal laws like federal taxes do apply to insurance, and must be acknowledged. Insurance is important to the legal system, as it helps protect individuals, those who cause harm to individuals through negligence, and any third party that is faced with the burden of compensating for an injury.
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Reading Workers’ Compensation Death Benefits
What happens when a loved one dies as a result of a work accident?
The death of a loved one is devastating and life-changing. When a loved one is fatally injured as a result of a work-related accident or a disease or long-term illness caused by working conditions, it can be even more difficult. In addition to dealing with your grief, you are now grappling with mounting medical bills, funeral expenses, the loss of your loved one’s paycheck, and questions about the fatal accident that cost your loved one’s life.
Could their death have been prevented with better safety protocols or better training or protective equipment? Is their employer’s negligence to blame for the death of your family member?
If you have lost a loved one to a work accident or occupational illness, you may be eligible to claim death benefits to cover lost wages for the deceased worker as well as receive benefits to recover funeral expenses. […]
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Reading Workers’ Compensation: Specific Loss Benefits
A work injury can be devastating to you and your family. Missed work for recovery, medical visits, and the mountain of medical expenses related to your injury can lead to anxiety and fear for the future.
When you are hurt at work in Pennsylvania, you have a financial safety net called workers’ compensation insurance. Under Pennsylvania law, almost all employers in the commonwealth are required under the PA Workers Compensation Act to carry workers’ compensation insurance for all of their employees. Most employees, full-time, part-time, and even seasonal workers are eligible to receive workers’ compensation benefits for a work-related injury or illness.
Many different types of injuries are covered by PA workers’ compensation laws, including when a specific part of the body is hurt even when that injury does not cause you to miss work.
Injuries that cause loss of use of a body part, […]
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Pittsburgh Workers’ Compensation Death Benefits
Pittsburgh death benefits attorneys at your side
Famous for our steel mills, Pittsburgh is still a steel city but it has also established itself as a busy technology hub with major industry players such as Google, INTEL, Apple, and Facebook making a home in Pittsburgh. There are more than 1 million people employed across a dizzying variety of industries and sectors in Pittsburgh. Workers in Pittsburgh are the heart of its success, popularity, and the region’s economy. So when someone is hurt at work, they should know they can count on workers’ compensation benefits to help get them back on their feet.
However, sometimes, an injury from an accident at work or from an occupational illness can be so serious that it leads to the death of the injured or sick employee. When this happens, the deceased worker’s family deserves compensation in the form of death benefits provided by the same workers’ […]
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Philadelphia Workers’ Compensation Death Benefits
Benefits are available to help protect your family’s future
Pennsylvania workers’ compensation death benefits provide financial support to families affected by the death of a loved one in a work-related injury or due to a work-related illness.
If you have lost a spouse or loved one due to a work injury or an occupational illness that they contracted during the scope of their regular job responsibilities in their Philadelphia workplace, you may be entitled to file for a claim to receive death benefits from their employer’s workers compensation insurance.
The Pennsylvania Workers’ Compensation Act requires that all PA employers carry workers’ compensation insurance for all of their employees. Workers compensation insurance covers all full time, part time and seasonal employees from the first day of their employment.
If you have lost a loved one in a tragic work-related accident or due to a sudden onset or long-term occupational disease, […]
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Delaware Truck Accident Lawyers
If You Have Been Involved in a Truck Accident in Delaware, Call Munley Law Personal Injury Attorneys Today
A crash with a truck is no ordinary event. A truck accident can change your life. After seeking medical care, one of the first things you should do is to consult an experienced truck accident lawyer who will inform you of your rights and take any steps necessary to ensure the transportation and insurance companies won’t avoid responsibility. Their legal team will be ready to deny fault for your injuries – you need someone on your side to represent you.
The consultation with our attorneys is free, and we don’t collect any payment for our services unless we win your case in the form of a settlement or jury verdict. To learn more about what it means to have a Munley Law Personal Injury Attorneys Truck Accident lawyer representing you, […]
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